Very constructive and fact driven article. What baffles me in this scheme is that, when the scheme started, who did the starter provided help to ? Who received the help ? because you can only get help after helping someone. I am very sure of the first 2–30 people who started the scheme were ready to provide help but whose account did they paid their money.
You may read the effect MMM will cause in Nigeria if it continues here
I am very optimistic that it will fail and it has finally failed.